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SBA 504 Loan Application Florida Business Development Corporation 1715 N West shore Blvd. Suite 780 Tampa, FL 33607Document Instructions Please see instructions below for the documents within this

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How to fill out 504 loansus small business

01

Contact a certified development company (CDC) to start the application process

02

Gather necessary documents such as business financial statements, personal financial statements, business plan, and loan application forms

03

Complete the loan application forms and submit them to the CDC

04

Wait for approval and funding decision from the CDC and the Small Business Administration (SBA)

05

Use the funds for eligible business expenses such as real estate purchases, construction, or equipment purchases

Who needs 504 loansus small business?

01

Small business owners looking to purchase real estate or equipment for their business

02

Businesses that have been in operation for at least two years and have a stable financial history

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What is 504 loansus small business?

504 loans are Small Business Administration (SBA) loans that can be used by small businesses to purchase real estate or equipment.

Who is required to file 504 loansus small business?

Small businesses looking to secure funding for real estate or equipment purchases are required to file for 504 loans.

How to fill out 504 loansus small business?

To fill out a 504 loan application, small businesses must provide detailed information about their financial history, business plan, and intended use of the loan funds.

What is the purpose of 504 loansus small business?

The purpose of 504 loans is to provide small businesses with affordable financing options to help them grow and expand.

What information must be reported on 504 loansus small business?

Information such as the business's financial statements, credit history, and planned use of the loan funds must be reported on a 504 loan application.

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